Analyst calls: 3M upgraded to 'buy'

Viacom is downgraded to 'equal weight,' and Cracker Barrel is downgraded to 'hold.'

By MSN Money Partner Sep 14, 2012 12:15PM
Information provided by Theflyonthewall.com

Friday's noteworthy upgrades:  
  • 3M (MMM) upgraded to Buy from Underperform at BofA/Merrill
  • HollyFrontier (HFC) upgraded to Outperform from Market Perform at Wells Fargo
  • Plum Creek Timber (PCL) upgraded to Neutral from Underperform at BofA/Merrill
Downgrades:  
  • Cracker Barrel (CBRL) downgraded to Hold from Buy at KeyBanc
  • Level 3 (LVLT) downgraded to Underperform from Market Perform at Raymond James
  • Quest Diagnostics (DGX) downgraded to Neutral from Outperform at Credit Suisse
  • Trina Solar (TSL) downgraded to Underperform from Market Perform at Raymond James
  • Viacom (VIA.B) downgraded to Equal Weight from Overweight at Evercore
Initiations:  
  • Children's Place (PLCE) initiated with a Buy at Citigroup
  • Cognizant (CTSH) initiated with a Neutral at Credit Suisse
  • Danaher (DHR) initiated with a Buy at Janney Capital
  • Grainger (GWW) initiated with a Buy at Janney Capital
  • Splunk (SPLK) initiated with a Buy at Needham
0Comments

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

120
120 rated 1
268
268 rated 2
439
439 rated 3
709
709 rated 4
641
641 rated 5
609
609 rated 6
640
640 rated 7
516
516 rated 8
272
272 rated 9
152
152 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
EXCEXELON CORPORATION10
TAT&T Inc9
VZVERIZON COMMUNICATIONS8
CTLCENTURYLINK Inc8
AAPLAPPLE Inc10
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.